Back in the summer, there were signs that the consensus around Net Zero policy was starting to crack. The Prime Minister, Rishi Sunak then made his speech that watered down some Net Zero commitments and promised “a more pragmatic, proportionate […]
ROME — The balance between offense and defense in war swings back-and-forth, often depending on who has the best kit. But on the seabed’s battlefield, the aggressors are currently very much in charge. In October, all […]
Business activity in Europe’s 20-nation single currency bloc continued to contract at the end of 2023, as a downturn in the dominant services industry stretched into the final month of the year, data compiled by […]
Daily Standup Top Stories OPEC’s Influence on Oil Prices To Remain Significant In 2024 January 2, 2024 Mariel Alumit Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by […]
The sovereign funds have been seized by the West as part of Ukraine-related sanctions Nearly $300 billion worth of Russian forex reserves have been frozen by Western countries since March 2022. The EU has been […]
This cannot possibly happen to US markets because US markets are special? By Wolf Richter for WOLF STREET. Most major stock markets globally rose in 2023, some by a lot, but a bunch of them are still below […]
ENB Pub Note: Excellent Summary from Watt-Logic. I would add some wild items happening in the global oil and gas markets. OPEC, and OPEC + have had a major loss of control over the oil […]
If each side’s respective drills go off without a hitch, then they can spin it as though the other backed down, which can further galvanize their public in support of the state and its policy […]
At the end of each year, I like to look back at the past year and ahead to what the coming 12 months might bring (which I will cover in a separate post tomorrow). In […]
“This is not about complicated issues of cryptocurrency,” Assistant U.S. Attorney Nicolas Roos declared in the Sam Bankman-Fried trial, after accusing the defendant of building FTX on a “pyramid of deceit.” Much the same can be said […]
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